NaughtyPines

Opening (IRA): QQQ March 10th 290/May 19th 332 LPD*

Short
NaughtyPines Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
... for a 30.67 debit.

Comments: After taking profit on my QQQ short delta hedge earlier, re-erecting it with the back month out in May. Buying the 90 delta back month, selling the 30 delta front, giving me around -60 delta/contract to offset a long delta portfolio.

30.67 cost basis with a 301.33 break even on a 42 wide.

* -- Long put diagonal.
Trade active:
Rolled the March 10th 290 out to the March 17th 290 for a 1.44 credit. Cost basis of 29.23 with a 302.77 break even on a 42 wide.
Trade closed manually:
Taking profit here ... . Closed for a 33.57 credit. 4.34 ($434) profit. Will re-establish shortly ... .
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